Roper Continues to Exhibit Impressive Growth After Reporting 3Q 2018 Earnings
Narrow-moat-rated Roper Technologies announced on Aug. 24 that CEO Brian Jellison will step down to “focus on his health†following the “diagnosis of a medical condition†at the end of last week. Jellison will remain executive chairman, but given the gravity of the announcement (as indicated by the sudden news), we wouldn’t be surprised if his remaining tenure in the role will be more short term. Jellison was responsible for impressively taking the firm from a $22 per share market price to nearl...Roper Technologies designs and develops software and engineered products and solutions for a variety of end markets. The company has four segments: Application Software, which includes Aderant, CBORD, CliniSys, and Data Innovations; Network Software and Systems, which includes ConstructConnect, DAT, Foundry, Inovonics; Measurement and Analytical Solutions, which includes Alpha, CIVCO Medical Solutions, CIVCO Radiotherapy, Dynisco, FMI, Hansen, Hardy, IPA, Logitech, Neptune, Northern Digital, Struers, Technolog, Uson, Verathon; and Process Technologies, which includes AMOT, CCC, Cornell, FTI, Metrix, PAC, Roper Pump, Viatran, Zetec.
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